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SUPN

Supernus Pharmaceuticals, Inc. · NASDAQ · Healthcare

Price$41.21-0.05% · −$0.02
Market cap2.4BEquity value
P / E13.5Trailing ratio
Volume1.01MLatest session
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SUPNSep 11, 2024-1.12% since signal

ADHD Drug Maker Supernus Pharmaceuticals Downgraded On Slower Prescription Growth For Its Top-Selling Drug

Piper Sandler downgraded SUPN to Neutral, citing unmet Qelbree prescription growth. Qelbree sales grew 92% YoY but long-term growth assumptions are re-evaluated. Peak sales projections for Qelbree adjusted from $500M to $400M. FDA granted resubmission of SPN-830’s NDA, with PDUFA date set for Feb 2025. SUPN stock fell 7.17%, reflecting market reactions to the downgrade.

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